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SimonCRE sells 10.8-acres at its West Valley’s Prasada retail center to Wolff for $7M ($15psf | $29k/unit) for 240-unit, The Residences at Prasada

  • 4/17/2026

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Phoenix Business Journal

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Highlights
The Wolff Company acquired 10.8 acres for The Residences at Prasada apartments
The Village at Prasada shopping center opened in 2023 with major retailers
Whole Foods Market and Flower Child restaurant will join the Prasada development

The Wolff Company
Jamie Dawson | EVP, Development
[email protected]
480-993-0489
The Wolff Company
Scott Bashaw | EVP, Acquisitions & Dispositions
[email protected]
480-315-9595
SimonCRE
Jeff Carpenter | Partner, Acquisitions/Development
[email protected]
480-745-2446

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